SJLD vs. BSV

Last updated Apr 17, 2026

SJLD (SanJac Alpha Low Duration ETF) and BSV (Vanguard Short-Term Bond Index Fund ETF Shares) are both Short-Term Bond funds. SJLD is actively managed, while BSV is passively managed. Over the past year, SJLD returned 5.16% vs 4.17% for BSV. At 0.36, their price movements are largely independent. SJLD charges 0.35%/yr vs 0.03%/yr for BSV.

Performance

SJLD vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SanJac Alpha Low Duration ETF (SJLD) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SJLD achieves a 1.25% return, which is significantly higher than BSV's 0.44% return.

SJLD

• 1D: -0.02%
• 1M: 0.42%
• YTD: 1.25%
• 6M: 1.84%
• 1Y: 5.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSV

• 1D: -0.05%
• 1M: 0.10%
• YTD: 0.44%
• 6M: 0.95%
• 1Y: 4.17%
• 3Y*: 4.43%
• 5Y*: 1.71%
• 10Y*: 1.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SJLD vs. BSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SJLD SanJac Alpha Low Duration ETF	1.25%	5.20%	0.91%
BSV Vanguard Short-Term Bond Index Fund ETF Shares	0.44%	6.00%	-0.62%

Correlation

The correlation between SJLD and BSV is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Sep 11, 2024	0.36

Return for Risk

SJLD vs. BSV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SJLD

SJLD Risk / Return Rank: 84
SJLD Sharpe Ratio Rank: 69
SJLD Sortino Ratio Rank: 84
SJLD Omega Ratio Rank: 89
SJLD Calmar Ratio Rank: 86
SJLD Martin Ratio Rank: 90

BSV

BSV Risk / Return Rank: 64
BSV Sharpe Ratio Rank: 61
BSV Sortino Ratio Rank: 74
BSV Omega Ratio Rank: 67
BSV Calmar Ratio Rank: 59
BSV Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SJLD vs. BSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SanJac Alpha Low Duration ETF (SJLD) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SJLD	BSV	Difference
Sharpe ratio Return per unit of total volatility	2.56	2.26	+0.31
Sortino ratio Return per unit of downside risk	4.17	3.57	+0.61
Omega ratio Gain probability vs. loss probability	1.62	1.44	+0.18
Calmar ratio Return relative to maximum drawdown	5.14	3.51	+1.64
Martin ratio Return relative to average drawdown	22.17	13.18	+8.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SJLD vs. BSV - Sharpe Ratio Comparison

The current SJLD Sharpe Ratio is 2.56, which is comparable to the BSV Sharpe Ratio of 2.26. The chart below compares the historical Sharpe Ratios of SJLD and BSV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SJLD	BSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	2.26	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.63	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.34	0.86	+1.48

Drawdowns

SJLD vs. BSV - Drawdown Comparison

The maximum SJLD drawdown since its inception was -1.04%, smaller than the maximum BSV drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for SJLD and BSV.

Drawdown Indicators

	SJLD	BSV	Difference
Max Drawdown Largest peak-to-trough decline	-1.04%	-8.54%	+7.50%
Max Drawdown (1Y) Largest decline over 1 year	-1.04%	-1.29%	+0.25%
Max Drawdown (5Y) Largest decline over 5 years	—	-8.54%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-8.54%	—
Current Drawdown Current decline from peak	-0.02%	-0.48%	+0.46%
Average Drawdown Average peak-to-trough decline	-0.12%	-0.97%	+0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.24%	0.34%	-0.10%

Volatility

SJLD vs. BSV - Volatility Comparison

SanJac Alpha Low Duration ETF (SJLD) and Vanguard Short-Term Bond Index Fund ETF Shares (BSV) have volatilities of 0.72% and 0.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SJLD	BSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.72%	0.73%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	1.30%	1.18%	+0.12%
Volatility (1Y) Calculated over the trailing 1-year period	2.06%	1.87%	+0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.99%	2.71%	-0.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.99%	2.37%	-0.38%

SJLD vs. BSV - Expense Ratio Comparison

SJLD has a 0.35% expense ratio, which is higher than BSV's 0.03% expense ratio.

Dividends

SJLD vs. BSV - Dividend Comparison

SJLD's dividend yield for the trailing twelve months is around 3.98%, more than BSV's 3.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SJLD SanJac Alpha Low Duration ETF	3.98%	3.74%	1.26%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BSV Vanguard Short-Term Bond Index Fund ETF Shares	3.92%	3.83%	3.38%	2.46%	1.50%	1.45%	1.79%	2.29%	1.99%	1.65%	1.48%	1.40%